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1-bed · 621 sqftLuma21, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

303, Luma21

Sold prices and rental history: sold 3 times, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 1000K28 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Luma21

What is 303 worth today?

Last sold for AED 999,999 in 2024

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28 May 2024SoldReady
AED 999,999AED 1,610 per sqft
15 Aug 2023SoldReady
AED 735,000AED 1,183 per sqft
25 May 2022Sold by developerOff-plan
AED 627,482AED 1,011 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 May 2024.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
3rd of 4
Parking
B137
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 1000K · May 2024
Building
Luma21

About 303, Luma21

303 is a one-bedroom apartment of 621 sqft on the 3rd floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development. It last sold on 28 May 2024 for AED 999,999, or AED 1,610 per sqft, 23% above the AED 1,311 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Luma21
750K1M20222023202420252026Typical sale price by year: 2022 AED 756,319; 2023 AED 910,000; 2025 AED 1,100,000Sold by developer, May 2022: AED 627,482 (AED 1,011 per sqft)Sold, August 2023: AED 735,000 (AED 1,183 per sqft)Sold, May 2024: AED 999,999 (AED 1,610 per sqft)

303 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Luma21
76K78K80K2023202420252026Typical rent by year: 2023 AED 79,000; 2024 AED 80,000; 2025 AED 75,750

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Luma21, and where 303 sits

All 36 1-beds →

303 last sold in May 2024 at AED 1,610 per sqft, 23% above what one-beds in Luma21 were fetching at the time (AED 1,311).

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20251,000,000
17 Jun 20251,100,000
16 Apr 20251,300,000
26 Jan 2024960,000
0 1-bed sales in the last 12 months

Luma21

Building

238 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2023 by Townx Real Estate Development. 6 sold in the last 12 months.

Typical price per sqft
AED 1,505
Typical sale
AED 748K
Typical rent
AED 60K /yr
Typical yield
8.2%
Luma21, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 3rd floor

All 238 units in Luma21
Value
3011-bedAED 696K · Sep 2022
302StudioAED 452K · Aug 2022
304StudioAED 443K · Jun 2022
305StudioAED 650K · Oct 2024
3061-bedAED 1.19M · Oct 2023
3071-bedAED 758K · Sep 2022
308StudioAED 447K · Sep 2022
1–7 of 56

303, Luma21 in numbers

  • Sold 3 times: first on 25 May 2022 for AED 627,482, last on 28 May 2024 for AED 999,999 (AED 1,610 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 28 May 2024.

Questions about 303, Luma21

What did unit 303 last sell for?

AED 999,999 on 28 May 2024: AED 1,610 per sqft for 621 sqft. The unit has 3 registered sales; the first was AED 627,482 in May 2022.

How big is unit 303?

621 sqft (57.7 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 303, Luma21

Starts from the last sale price (AED 1000K, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 999,999
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →